Court denies prosecution’s motion to re-arrest Multi Group Director

YEREVAN, OCTOBER 28, ARMENPRESS. A court of appeals denied the prosecutor’s request to overrule a lower court’s decision on freeing Multi Group Director Sedrak Arustamyan from pre-trial detention on bail.

Arustamyan is charged with money laundering, tax evasion and fake entrepreneurial activities.

The indictment relates to the construction of the North-South project.

He was arrested and jailed but later released on bail.

Edited and translated by Stepan Kocharyan